Spectris plc (LON:SXS) Given Average Rating of “Moderate Buy” by Brokerages

Spectris plc (LON:SXS) has earned a consensus rating of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is GBX 4,707.50 ($59.27).

A number of equities analysts have recently commented on the stock. Bank of America restated a “buy” rating and issued a GBX 2,950 ($37.14) price target on shares of Spectris in a report on Monday, September 2nd. Shore Capital raised shares of Spectris to a “buy” rating in a research note on Monday, September 9th.

Spectris Stock Performance

LON:SXS opened at GBX 2,476 ($31.17) on Friday. Spectris has a 1-year low of GBX 2,370 ($29.84) and a 1-year high of GBX 3,861 ($48.61). The firm has a 50 day simple moving average of GBX 2,609.80 and a 200-day simple moving average of GBX 2,893.41. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03. The firm has a market cap of £2.45 billion, a PE ratio of 923.88, a P/E/G ratio of 2.74 and a beta of 0.61.

Insider Activity

In other Spectris news, insider Andrew Heath acquired 2,406 shares of the stock in a transaction dated Thursday, November 14th. The shares were bought at an average price of GBX 2,480 ($31.22) per share, with a total value of £59,668.80 ($75,121.24). Also, insider Mark Williamson bought 12,116 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The stock was acquired at an average price of GBX 2,476 ($31.17) per share, for a total transaction of £299,992.16 ($377,681.18). Over the last 90 days, insiders have acquired 14,546 shares of company stock valued at $36,029,802. Insiders own 1.21% of the company’s stock.

Spectris Company Profile

Spectris plc provides precision measurement solutions worldwide. It operates through Spectris Scientific, Spectris Dynamics, and Other segments. The Spectris Scientific segment provides advanced sensors and instruments used to measure, analyze, and characterize materials; and monitor ultra-clean manufacturing environments.